Hong Kong Telegraph 1881-09-21

Hong Kong Telegraph 1881-09-21

Year: 1881

THE HONGKONG TELEGRAPH HONGKONG 21ST SEPTEMBER 1881 WE ARE INFORMED BY THE AGENT OF THE MESSAGERIES MARITIMES COMPANY THAT THE STEAMSHIP IRAONADDY WITH THE NEXT FRENCH MAIL LEFT SAIGON FOR THIS PORT YESTERDAY, AT 11 A. M. WE ARE INFORMED BY THE AGENT MESSRS. RUSSELL & CO THAT THE UNION LINE STCAMER ALLONTOWER DEATH OF PRESIDENT GARFIELD NEWS BY THE AUSTRALIAN MAIL SHANGHAI MACAO THE STOCK OF THE HONGKONG AND CHINA BAKERY CO. LIMITED WOULD APPEAR TO BE LOOKING UP. AFTER STANDING FOR MONTHS AT 42 WITHOUT A SINGLE SHARE CHANGING HANDS IT EXPERIENCES A SUDDEN RISE, AND AT THE ADVANCED RATE OF 50, WHICH ACTUALLY MEANS PAR, A FAIR AMOUNT OF BUSINESS, AS RECORDED BY US A FEW DAYS AGO, IS BOOKED. WE HAVE AGAIN TO CHRONICLE A FEW MORE TRANSFERS IN THIS STOCK, WHICH, ALTHOUGH THE QUOTATION REMAINS AS BEFORE, WOULD APPEAR TO INDICATE THAT THE BUSINESS OF THE COMPANY HAS MUCH IMPROVED LATELY.